Is 78639, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 78639 is a buyer's market

Buyer's
Market

Difference Since November 2020

At the same time last year, 78639 was a Seller's Market.

Key Takeaway

78639 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 78639, TX cost?

Median Sold Price

$585,300

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$50,800(+9.5%)

Key Takeaway

Homes in 78639 have sold for 9.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $135K$1.4M
+977.8%
2 $407.2K$350K
-14.1%
3 $350K$387.5K
+10.7%
4 $947.5K$750K
-20.8%
5+ $1.6M$2.1M
+24.3%

Median Sold Price Compared To Nearby Zip Codes

78643
+80.0%
78654
+30.3%
78611
+29.9%
78639
+9.5%

How many homes are available in 78639, TX?

Number of Homes For Sale

Oct 2021Nov 2021%
3124-22.6%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 20
-100.0%
2 21
-50.0%
3 1611
-31.3%
4 1011
+10.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
122-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 78639, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
48 Days59 Days+22.9%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 78639 are selling fast, if you're buying plan to act quickly.

About 78639, TX

78639, TX has 24 homes on the market. The inventory of homes for sale in 78639, TX between October 2021 and November 2021 decreased by 22.6%. While the average time on the market in November 2021 was 59 days, the median list price was $585,300. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 977.8%, prices of 2 bedrooms properties went down by 14.1%, prices of 3 bedrooms properties went up by 10.7%, the cost of 4 bedrooms properties went down by 20.8%, 5 bedrooms properties prices increased by 24.3%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory decreased by 100%, 2 bedrooms homes inventory decreased by 50%, number of 3 bedrooms homes decreased by 31.3%, 4 bedrooms homes became 10% more available, the quantity of 5 bedrooms homes have not changed. In November 2021 more than 0 listings in 78639, TX were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.